X0201 4 2003-12-04 0 0001016607 WILSONS THE LEATHER EXPERTS INC WLSN 0001130325 PENINSULA INVESTMENT PARTNERS LP 404B EAST MAIN ST. 2ND FL. CHARLOTTESVILLE VA 22902 0 0 1 0 0001265816 PENINSULA CAPITAL ADVISORS LLC 404B EAST MAIN STREET CHARLOTTESVILLE VA 2902 0 0 1 0 0001130334 WESCHLER R TED 404B EAST MAIN ST. 2ND FL. CHARLOTTESVILLE VA 22902 0 0 1 0 Common Stock 2003-12-04 2003-12-04 4 P 0 250000 4.18 A 2508000 I See Footnote 1 These securities are held in the account of Peninsula Investment Partners, L.P. (the "Partnership") for which Peninsula Capital Advisors, LLC ("Peninsula Advisors") serves as investment manager. Mr. R. Ted Weschler is the managing member of Peninsula Advisors. Peninsula Advisors and Mr. Weschler may be deemed to beneficially own the securities held by the Partnership by virtue of Peninsula Advisor's position as investment manager of the Partnership and Mr. Weschler's status as the managing member of Peninsula Advisors. (+) Each of the Reporting Persons and the joint filer (each, a "Reporting Person" and collectively, the "Reporting Persons") disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein. The Reporting Persons affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. Peninsula Investment Partners, LP(+) by: Peninsula Capital Appreciation, LLC, its GP by /s/ R. Ted Weschler 2003-12-08 Peninsula Capital Advisors, LLC(+) by: /s/ R. Ted Weschler, Managing Member 2003-12-08 /s/ R. Ted Weschler(+) 2003-12-08